A recent report published by
Infinium Global Research on wind turbine inspection drones market provides
in-depth analysis of segments and sub-segments in the global as well as
regional wind turbine inspection drones market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
wind turbine inspection drones market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of global wind turbine inspection drones market. According to the
report, the global wind turbine inspection drones market was worth nearly USD 40
billion in 2020 and is expected to reach over USD 80 by 2026, growing with a
CAGR of 13.2% over the forecast period of 2020-2026.
The absence of preventive
maintenance, each turbine failure can cost asset owners per year in repairs and
spare parts. The testing of autonomous inspection technologies intended to
catch cracks, erosion, and other flaws before repair or replacement are needed
for wind turbine blades. An autonomous drone inspection solution allows for the
collection of robust, reliable, and repeatable data from wind turbine blades.
With reduced downtime and 100% blade coverage, the technology provides
best-in-class quality data. Wind power is growing and drones are increasingly
helping to keep an eye on the industry. To just scan wind turbines, drone
companies are finding creative ways to improve, such as with predictive
analyses, nested drones, and, potentially, even robotic repairs.
A drone inspection is a cost-effective
inspection method compared to traditional telephotography or other manual
inspection methods. With a drone inspection solution, one can achieve both
visual and thermal images on wind turbines for on-site analysis and assessment
regarding the condition of the rotor blades. The drone inspection solution for
visual inspection of on- and offshore wind turbines provides benefits such as a
safe working environment, reduced downtime, high-quality images, and video,
dynamic surveying, and preventive maintenance planning. This further led to the
growing demand for the market.
The wind turbine inspection drones
collects images manually or automatically using cutting-edge machine learning
models. The task of manually looking at hundreds of high definition images is
tedious which leaves it vulnerable to human errors. This also consumes
significant time and requires hiring skilled labor who are experienced in this
domain. On the other hand, the use of AI is resulting in highly accurate
analysis in a cost-effective way. However, to prevent the further spread of
COVID-19 the government around the world has declared a shutdown. These
restrictions will result in time delays. The delays in the development,
construction, and operation of wind power facilities increase costs and lower
profitability, so COVID-19 could have a major impact on the wind power
Asia holds the largest market
shares in the wind turbine inspection drones market. The region has a growing
high demand for electricity owing to a rise in urbanization, industrialization,
and population growth. The rapid economic growth would lead to an increase in
the demand for power. This further necessitates greater investments in
renewable power generation infrastructure such as wind turbines. This further
provides a growing demand for the wind turbine inspection drones market in this
The report on global wind turbine
inspection drones market covers segments such as product type, and application.
On the basis of product type, the sub-markets include fixed wings drones,
rotary wing drones, and others. On the basis of application, the sub-markets
include offshore wind energy, and onshore wind energy.
The report provides profiles of
the companies in the market such as Aeryon Labs, Strat Aero, Cyberhawk
Innovations, UpWind Solutions, Hexagon, AeroVision Canada, DJI, DroneView
Technologies, AIRPIX, and Others.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of wind turbine inspection drones market. Moreover, the study
highlights current market trends and provides forecast from 2020-2026. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.